Seize this unparalleled investment opportunity with a remarkable CAP rate of 8.7%! Own not just one, but two thriving mobile home parks, offering both stability and potential for expansion. The first property, located at 1035 Hwy 17 E in Wahnapitae, spans 8.3 acres and is just a short 15-minute drive from major retail stores. This commercial-zoned land features nine rented mobile home lots, each fully serviced with hydro, municipal water, and septic systems. A small onsite office building and a laydown area, currently used by a property maintenance company, add further value. With municipal weekly garbage collection and a well-maintained environment, this property promises steady rental income and additional commercial possibilities along its Hwy 17 E frontage. The second property, at 5261 Hwy 17 in Markstay-Warren, is a vast 94.9-acre estate fronting Hwy 17 E and backing onto the serene Veuve River. This park includes nine mobile home lots, with six occupied by landlord-owned units, two by long-term renters, and one vacant lot ready for a new unit with all utilities prepped for hookup. The site features a large barn, corral, and a three-bedroom owner-occupied house. With preliminary survey work suggesting further expansion potential, this park offers abundant green space and tranquility. Both parks are expertly maintained by an onsite property maintenance company, ensuring the roadways and lawns are always in pristine condition. This is your chance to secure a unique package deal that combines immediate rental income with significant growth potential. Don't let this exceptional opportunity slip away! (id:55598)
- MLS® 2116890
- Date Listed09/12/2024
- Time on Realty 0 Hours
- Bedrooms -
- Bathrooms
- Lot Size -
- Sewer Public Sewer
- Property Type Office
- Water Public
Interior Features
- Cooling None
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
1/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
22/100
Bikable
Bike Score ®
Overview
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 2/100, Transit Score: 0/100, Bike Score: 10/100.
Points of interest near 1035 Hwy 17 E, Wahnapitae, ON P0M3C0
Frequently Asked Questions for 1035 Hwy 17 E
Source: Realty.com
1035 Hwy 17 E, Wahnapitae, ON P0M3C0 is a Office, Other property listed for $1,100,000 The property is 0 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 19 photos of 1035 Hwy 17 E.
The full address for this home is 1035 Hwy 17 E, Wahnapitae, ON P0M3C0.
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 2/100, Transit Score: 0/100, Bike Score: 10/100.
Listing provided courtesy of:
ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE
(tel: (705) 688-0007)
Listing agent:
SHAYNE MALONE
(tel: (705) 688-0007)
This content last refreshed on 2024-09-12 09:52:10. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 1035 Hwy 17 E, Wahnapitae, ON P0M3C0 : MLS® 2116890